Bears Aided by Heavy Liquidation Force Recessions
Speculators forced declines of 1 to nearly 5 points in most active issues as heavy liquidation hit the market. The average price of rails and industrials fell toward the June bottom, signaling a serious interruption to the advance since August 1921. News factors offered little rallying support while large holders exited and banks called loans.
MENTIONED IN THIS ARTICLE
New York
All Movement
Wienay'e
Berlin
United States’ Steel
Inter
Grweibl
Midvale
Lackawanmet
Bethlehem EB
Republic
North American
Treasury
Consolidated Gas
Columbia Gas
Erie
Western Maryland
Second Preforma
Western Pacific
Rock Island
St. Paul
Chicago Great Western
Dend
New York Central
Norther Pacifec
Atlante
Lackawanna
Atchson
Houston Oscondiane
Standard Oil
New Jersey
California Petroleum
Pan American
General Rapnalt
American Express
American Car
American Snuff
Calumet
Prices of bonds fall amid heavy liquidation in market
Bond prices crumbled across sections as liquidity measures hit both large and small holders. Foreign government securities weakened with French issues hitting new low records, while Czechoslovakian, Brazilian, Dutch East Indies, and British issues saw declines. Oil and rail mortgaged issues slipped, though some industrials fell less. United States government securities also declined, with losses from 10 to 48 cents per $100. total par value sales reached $11.162 million.
MENTIONED IN THIS ARTICLE
YVA
S. Brazis
Copenhagen
Fussex
Dutch East, Indies
Prague
Anton Durgyn
United Kingdom
Trench Ss
Riodanetre
Cuba
Erie
Seaboard Aly Line
Frisco Income
Baltimore
Pennsylvania
Josses
Porto Rico Suget Ty
Cerra Joe Pasco Kayser
General Efectr
Traction
Interborough Bs
Certficates
Hudson
Manhattan
Interborough
United States
Wheat gains in Chicago as Italian demand boosts prices
Wheat futures rose in Chicago with December near 15 8, amid claims Italian life increased buying power by 390 cents per bushel. Bulls fed by large domestic stock clearances and Liverpool gains, while concerns over Turkish tensions and import duties limited gains. Corn and oats followed wheat higher. December corn hit a new season high on limited receipts. provisions traded mixed amid softer margins.
MENTIONED IN THIS ARTICLE
Chicago
Italy
Duluth
Winnipeg
Cnn
Liverpool
Remington Co factional strife ends in management change
Remington Typewriter Co ends factional strife as Independents and management reach a settlement. Benjamin L. Winchell becomes president after recent leadership changes. Proxy committee lists J Patrick, M P Mosley, George G Warren, W H Benedict, B L Winchell. Bridgeport division handles ribbons and supplies. Yost plant shifts production abroad.
MENTIONED IN THIS ARTICLE
Lacttana
Remington Typewriter
Yost
Stockhol Ders
Tien
Remington Company
J . Witupatrick
Mosley
George G
Warren
Benedict
B. L. Winchell
Paris
Benjamin L. Winchell
Winchell
Bridgeport
Ribbon, Carbon and Supplies
Railroad Avenue
Gillelal
Flushing
Bridges Port
Economic Decline in German Mark Pressed by Imports and Speculation
Harvard Economic Service notes Germany’s mark decline driven by heavy foodstuffs and raw materials imports and reparations currency purchases. German investors buy foreign exchange while exports are held, and land sales to foreign speculators drain mark holdings. Labor shortages deepen as immigration limits bite, with moulders in high demand. American goods rise in Britain and colonies, exports to US allies rise from 15 to 45 percent over years. Local real estate projects falter as financing gaps and high land costs hinder new builds and hotels or theatres. some sites sit idle awaiting capital.
MENTIONED IN THIS ARTICLE
Harvard Economice Ser
A Ad
Land Gale of
Marky
Rodman Wanamaker Ill Retaken From Danger
Rodman Wanamaker of Wanamaker stores in New York and Philadelphia was reported out of danger today after a serious condition. A special deputy police commissioner announced the improvement, per his secretary, with further details forthcoming.
MENTIONED IN THIS ARTICLE
Rodman Wanamaker
Y Oyord
Metal Market New York Update
Market notes from New York show mixed metals with tin easing to mid 30s and nearby at 36.57 to 87.00 futures 37.00. Lead holds around 7.04 and copper whispers steady as shipments and spot prices reflect cautious demand.
MENTIONED IN THIS ARTICLE
New York
de Vonper
War Savings Certificates Transferred to Treasury Today
Transfer of part of the war savings certificates sold in Bridgeport during the war into Treasury Savings Certificates begins this morning at the post office. Certificates are dated January 1928. cash redemption is not available before January 1. Applications for cash redemption start November 18. Rates on January 123 are 80 82.00 and 1090. Valued certificates are 100 1090. Transfers incur small differences paid at postmaster. Treasury savings certificates are registered to protect owners from loss and are tax exempt except estate and inheritance taxes. They may be redeemed on demand by mail or in person at the Treasury Department. They yield about 4 percent compounded semiannually or about 3 percent simple if redeemed before maturity.
MENTIONED IN THIS ARTICLE
Wridgeport
Treasury Savings
Treasury
Treasury Department
Washington
Market Notes From New York Exchange Turbulence In Late Trading
Cure Market New York reports slight improvement with mixed tendencies as higher prices push orders and charity. Trading range tightens with less volatile activity, several professional traders targeted, and a bold raid on Southern Coal and Iron seen as stock appears to be taken on. Regularity holds in oil, with Gulf Oil standout among independents, setting a new low for losses amid the Texas fire's aftermath.
MENTIONED IN THIS ARTICLE
New York
Southern Coal and Iron
Standard of Kansas
Gulf Oi
Texag
Local Produce Prices and Market Notes November 14 1922
Market updates show native fruits and vegetables holding near reported levels. Prices for beets cabbage apples and turkey notes are intermittently unclear with general steadiness in potatoes onions and other items. Live hogs calves and meats trend mixed with firm fresh eggs and dairy products, while overall market tone remains cautious amid Thanksgiving price speculation.
MENTIONED IN THIS ARTICLE
Marketing Bureau of the State Board For Agriquiture
Turkey
Also Mentioned on This Page
Bears
United States Steel
E. B. Merritte CO
Main St. Barnom
Warren St
South End
Bridgeport Land & Title Co
Man
Remington CO
Great Britain
Main Street
Fairfield Avenue
Real Estate Mtn
Real Estate Board Ree
Home Capital
Chia City
Metal Market
Qther Financial News
Ara Chigle
Ana
Vance Dan
Ain Leo Ate
Xing
Beth Syel
Bath
Chee
Chio
Reid
Bosden
Cub
Jason
Wise
Altey
Vian
Cure Market
Powitry
Daairy
Hensany
Hurley
Siear ‘ of Tae
Lange
Park Avenue
New York City
Title Guarantee & Trust Co
Fred F. French
Madison Avenue
Meene Counnings
Title Guarantee & Trust Company
Puritan Mortgage Corporation
East 42Nd Street
the Pea Trust
Beee
City Hall
Barnum
Complete Printing Service
Bridgeport, Conn
Middle Street
West Penn Power Company
West Penn, Power Co
Pittsburgh
Hincks Bros. & CO
Main St
Beneficial Loan Society
Harnum
Liberty Building
Bridgeport Chamber of Commerce
DMC
Peelty
M. M. Hart
Hing St. Stoatsford
Conn
Stratford
Cat Ara
Texas
Equitable Industrial Loan Society, Inc
Fairfield
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